01:14 PM EDT, 05/07/2024 (MT Newswires) -- Tesla (TSLA) is shifting Senior Vice President, Automotive Tom Zhu to China, The Wall Street Journal reported Tuesday, citing a person familiar with the matter.

Zhu's transition comes at a time when the company is struggling with business in China as Q1 sales declined despite overall 15% growth in electric car sales, the report added.

Tesla did not immediately respond to MT Newswires request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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